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Question 3 Not yet saved Marked out of 8.00 Flag question Each of the following scenarios are independent of each other. Required: Answer the following

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Question 3 Not yet saved Marked out of 8.00 Flag question Each of the following scenarios are independent of each other. Required: Answer the following questions. For money amounts, round your answer to the nearest dollar. Do not include s. Do not use comma separators. Do not use negative numbers nor brackets. For example, 123456 would be the correct format. 1. At 1st July 2020, Penny's Patisserie had assets and liabilities worth $14,000 and $8,000 respectively. At 30th June 2021, the assets and liabilities of Penny were $17,000 and $12.000 respectively. (2 marks) If Penny did not make any capital contributions or withdraw any money from the business, she made a of (input a positive number) for the year ended 30 June 2021. Based on the change in Equity over the financial period, we can assume that the business has over the financial period

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